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20121027
20121104
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back to the basics as the number one topic on the campaign trail is you guessed it the economy. cbs reporter tara mergener on how the candidates are focusing their final days of campaigning. >> reporter: governor mitt romney hit the stage, in ames iowa, ready to jump on new economic numbers. >> last quarter our economy grew at just 2%. after the stimulus was passed the white house promised that the economy would now be growing at 4.3%. over twice as fast. >> reporter: romney pointed the finger at the president's policies and is using the economy to make his closing argument to voters in the battleground states. >> this is not the time to double down on "trickle-down government" policies that have failed us. it's time for new bold changes that measure up to the moment. >> reporter: the white house looked at the new numbers as a sign the country is heading in the right direction. the economy expanded at a right higher than most expert predicted. vice president biden told voters in wisconsin a romney presidency would erase all the progress the president made. >> we believe for american
the economy is a virtual stand still. he blames the president. >> they said he's going to lower unemployment rate down to 5.2% now. today, we've learned it's 7.9%. that is nine million jobs short of what was promised. >> claiming the economy is expanding but at a moderate pace. >> mark math use will have more on this for you. >> right he spoke about significance of the numbers and what they mean. >> record number of californians will be able to pick up the race announcing 18.2 million californians are registered to vote but the percentage is roughly the same as years past. >> in san jose a jury deciding fate of a former elementary school principal charged with failing to report the molestation of an 8-year-old girl. >> happening now at the superior court, a jury is deliberating the case of a former principal accused of not reporting a case of suspected child abuse. closing arguments took place this morning. the misdemeanor count focuses on these notes when the principal took in 2011. a third grader student says her teacher blind folded her, made her lie on the floor and put a gooey something
. analysts say more people without jobs started looking for work, 171,000 new jobs were added to the economy. katie marzullo is in the newsroom with the way president obama and mitt romney are spinning numbers. >> reporter: as it turns out the numbers landed in some grey area giving both something to seize upon to benefit their own campaign. >> the president: hello ohio! >> reporter: despite the small rise in the unemployment rate president obama pumped up ohio this morning. >> the president: today our businesses created nearly 5 1/2 million new jobs. companies hired more workers in october than any time in the last eight months. >> reporter: the president admits there is more work to be done. but says this is a pattern of real progress that includes a stronger auto industry, thanks to his bailout. romney is ing the numbers another way at a rally in wisconsin this morning he said the report is a sad reminder that the economy is at a virtual standstill. >> he said he was going to lower the unemployment rate down to 5.2%. today it is 7.9% and that's nine million jobs short of what he promised.
to the economy. the president seized on the jobs report today. mr. obama told supporters more workers hired in october than any other time in the last eight months. he says america has come too far to turn back now. >> we've come too far to grow faint hearted. now is the time to keep pushing forward. train our workers to create new jobs and rebuild our infrastructure. >> mitt romney took aim at the unemployment report saying it's a sad reminder the economy is in a virtual stand still. >> he said he'd get unemployment down to 5.2%. that is nine million jobs short. those are real americans.. >> despite the report neither campaign expects new figures will do much to chaimpkt race claiming americans views of the economy are fixed by now. california reached 18.2 million registered voters. secretary of state announced 950,000 new voters have signed up since the 2008 presidential election partially because of the new online registration system. number of registered republicans, however, has fallen to just below 30%. >> and a field poll shows support growing for ending california's death penalty. p
was booked on felony battery chargees tphaot unemployment rate rose slightly in october even as the economy add jobs. the habbor department says the rate -- labor department says the rate kicks up from 7 passport 8 in september. employers -- 7 .8 in september. employers add jobs, the august and september job figures were up as well. the increase because of the improving job market sept more market sent more people into the workforce. >>> that piece add to the campaigns tonight. the numbers can can be spun either way it depends on who you ask. >> reporter: president barack obama and mitt romney see one number in two very different ways. just litch -- listen to supporters chapters. >> four more years,. >> four more days. >> so, monthly unemployment numbers take on different interpretations especially when they are released on the friday before a presidential election. president barack obama and his runningmate focused on 171,000 new jobs add to the economy. >> this morning we learned companies hired more workers in october than any time in the last eight months. >> created 5.4 new private s
the economy as the primary women's issue. >> the race will be very close in ohio. you can make the difference. >> reporter: in 2008, women made up 52% of the vote here in this late stage. they are hunting for the particular voter. >> it is exciting when you finally get one that's undecided. >> polls seem to suggest that there is still some ground to make up. >> i've been in so many campaigns as the excitement does make a difference. >> there is plenty of enthusiasm at the shaker heights coffee shop where they preside over the party like a drill sergeant. >> right, clearly, they cannot read it, it is worthless. >> reporter: but the latest cbs news poll of ohio shows them leading governor romney here, 56% to 39% among women. those in dempsey's group are all democrats, opposing personal messages to the undecided women voters. >> your lives don't matter. it's all about the campaign. >> you're as close to the ground and the ground game as you can get. >> we are the ground. people have posted their parties in their homes. to give it to them. this is happening all over. >> reporter: and both sides a
the economy has been adding about an average of zero hundred and 73 jobs per month. president obama facing voters with the highest and of an array of any incumbent since fdr. the rate picked up because more people without jobs got back into the workforce and started looking for work. now they are counted as unemployed again. with a solid gains and the number of american hired dow futures are climbing out of 26 points at the opening bell. >> the ipad mini those on set a atm at the app stores. all pre orders have been sold out for some time. if you go to order today it will still take about two- three weeks to ship. if you want on today you have to go to an ipad store can stand in line. will tran is live in palo alto. >> you will have to stand in line with is not as crazy as the iphone release. people and line will show that to you in a few moments. you can see the mini ipad is so close. it is like a steak and people are hungry and salivating and will not be able to get their hands on it for a couple of hours. they can say they earn it because the line you can see we have about 40-25 and lin
. >> not surprisingly governor romney saw today's report a little differently than the president, he says the economy is at a virtual stand still. >> today we learned that it is actually 7.9%, that is 9 million jobs short of what he promised. ing employment is higher today than when barack obama took office. >> folic his comments in wisconsin romney headed to ohio where president obama is also campaigning today. recent polls show the president with a slight lead in ohio. but a new poll shows nationwide the race remains a virtual deadlock. the washington post tracking poll shows 49% of likely voters across the country support president obama. while 48% say they are voting for his challenger mitt romney. >>> new at noon community members in an east oakland neighborhood at this hour are celebrating the groundbreaking of a new business center development. the project promises about 100 new jobs for the community and would finally bring a grocery store to the neighborhood. new at noon ktvu's brian flores is at the event in mcought there boulevard in east oakland, good afternoon. >> reporter: hi, good afte
the economy. >> reporter: in fact, in contrast to the president and that mtv town hall, his visits, like the one to "the view," romney sending his wife, ann, instead. his own appearances carefully courting his base. a dozen appearances this year alone with popular conservative host sean hannity. and in canton, ohio, tonight, supporters here hopeful they can overcome the president's small, but stubborn, lead here. the one thing he says that resonates the most? >> resonates most? jobs. >> reporter: jobs, economy, we hear that so much, diane. and with that gender gap among men helping mitt romney, that's why the obama campaign focusing so much on undecided women who very much could hold the key now to a second term for barack obama. diane? high stakes on both sides. >> all right. yeah, david, and great to have you reporting tonight. >>> and as you said, the presidential race keeps coming back to jobs, and today, a kind of report card for all of us on the nation's economic recovery. news that the nation's gross domestic product grew at 2% in the third quarter. that's faster than in the secon
. ,,,,,,,,,,,, by in this tough economy...r tough economy... for many americans it means losing tr company is >>> a lot of people are struggling to get by in this tough economy but for many americans it means losing their homes but one company is giving them a chance to reclaim what's theirs. for the past 20 years, the neighborhood assistance corporation of america has hosted events just like this one in san jose. they are giving homeowners and buyers free advice on how to save some cash. >> lower the mortgage would help me a lot and i have to pay child support to my wife -- ex- wife -- to make ends meet. >> the event goes through monday at mcenery convention's south-hall. doors open 8 a.m. to 8 p.m. >>> the official start to the holiday shopping season a month away but shoppers will be surprised that black friday may be a little different this year. on the consumerwatch, julie watts here with the top four ways black friday is changing. jewelry. >> reporter: well, one of the most noticeable is amazon with a deal of the day through black friday. remember this? you no longer have to brave the black friday stamped
and his brother andrew. steve is a musician and his brother is designer. >> he says his economy is improving. >> returning students and new students signing up for lessons. >> and web designer? >> i hope to get new work and build the new app. so far no good. >> there are more part-time jobs complete with seasonal hiring but it's not so easy to find the right job. karen had has a ba and masters in poetry after being laid off as a teacher the wine industry is where she wanted to work. >> in california, economists say the job picture is more troubled than for much of the rest of the country. >> we have a short term and long term story. >> she is co-chair of wage and employment dynamics. the private sector is growing jobs but the gross domestic product isn't growing as fast as it we should because we lose public sector jobs. >> its drag on the economy and drag on the recovery because in fact. public sector spending contributes to overall g.d.p. so we're not shaving off unemployment every month we are shaving off g.d.p. numbers. >> she says the deficit is a concern but it would be mu
the economy has added jobs for 25 straight months. >>> those unemployment numbers are providing ammunition for both presidential candidates. in two minutes how both sides are spinning the numbers on their final push on the campaign trail. >>> you're in for a betiful weekend. i'll show you just how warm it will get where you live. >> the woman who took on san francisco's embattle sheriff takes a stand. why she wants you to vote for anyone expect this woman. >> and people are on the street, the three messages they're delivering tonight and why they think it will work. >>> tonight is first friday in oakland, the event started seven years ago. each month first friday seems to be getting bigger to the point that police are shutting down streets. many who came out tell us that the city needs first fridays especially as it deals with more crime. tonight religious leaders and community members hit the street offering help and a plea to stop the rising violence. eric rasmussen live in oakland where who they are trying to reach, eric. >> reporter: frank they want to talk to both potential victims a
's take a look. the numbers show the u.s. economy added 171,000 jobs in october right now unemployment rate is now at 7.9%. that's up from september's report which put us at 7.8%. now, that was the first dip below 8 since before the president took office. in terms of voters, some experts say these numbers are unlikely to sway them. >> if you are a person that feels that the general recovery that we have had has not been as much as it should have been, then you have already made up your mind probably not to vote for the president for re- election. if you are conversely someone who feels that the president inherited the mess and it's turning around a ship slowly to fix this thing and you generally like where he is with his other programs, you have also already made up your mind. >> reporter: both candidates will be kick-starting their final push before tuesday's big election. president obama and mitt romney will be in the battleground state of ohio. political analysts say this could be the state to decide the electoral vote. again, this report is the last one to come out before election
to deliver a major speech on the economy. the speech was no change from his speech earlier this when the real change big change. chich >> a new stimulus. this makes--it will not back as the one dead four years ago. >> according to the government web site the company won't receive is more business from through the stimulus for the $1 million. romney speech came on the same day that the government announced that the economy had grown by 2% and that it beat estimates. so >> and slow the economy's slow take home ba pay. >> one of his--stated that colen powell endorsed president obama and due to his race. >> after a long campaign does almost reached it is in keeping the candace straight is almost a challenge. we will put america on a new craft and a new day with a new president. it will be president obama. pardon me mitt romney. >> among them proposition 32 is built as a way to curb special interests from donating to political candidates. >> 32 will stop special interests from buying votes from politicians. proposition 32 is still straight ford or is it? chicheforward or is it? >> prop. 32 is to b
people about their economy and it's likely they will say jobs. one showing unemployment down and hiring up. at the boxing room just before the dinner rush executive chef simeno posted a want ad. he did not think he would get applications until a couple of days. >> it usually takes a couple of days. >> the unemployment rate has come down from 10% to 7-1/2%. >> reporter: the economy has added 3.5 million jobs. private companies hired 158,000 people. tomorrow's more extensive job report could sway soft voters just days before the election. >> it's a very close race, in a close race anything might push it one way or another. >> reporter: both parties will be prepared to spin the job's numbers. >> if you get a job's number under 100,000 the republicans will say see the economy is in real trouble. if you get a jobs number under $150,000, i think the democrats will be in recently good shape. >> reporter: and that jobs report will be back under four hours, four days before the recession. >>> more details now that jobs report helped power the jobs report. nasdaq rose 42 to close back over the
the u.s. economy including a jump in consumer confidence. the conference board said america's confidence in the economy surged last month to the highest levels in nearly five years. many were in check by an improving job market that was down. -the dow was up more than 136 points the nasdaq in the s&p 500 was also up. also, the highly anticipated october jobs report is expected today. and it could have an impact on the presidential election economists say they expect the report to solidify a picture of companies hiring steadily but cautiously. economics forecast that employers added 121,000 jobs in october of fact cent. that would be up slightly from september. but below the year's average monthly gain of 146,000. analysts are watching the an employer rate as it rose from the 7.8% 7.9% in the month of september. also, good news for starbucks the company says that its sales are perking up after a sluggish last quarter. they have seen a 6% increase in sales and also starting to open up stores in china. their single brew could boost sales for the holidays as well. the recent >> welcome back
employees to donate on their own which we will match dollar for dollar. >> sandy's cost to the economy the estimate is now going to be up to 50 billion dollars. one way you can help is through the red cross. text the words red cross to 9099 for a $10 donation for call 1-800-red cross. in addition disney and abc making next monday a day of giving encouraging everyone to give to the sandy relief effort. >>> cyclist rain caught on camera. muni releases video hoping someone will recognize the man who savagely beat a station agent. >> frustration at the pump of a different kind in the wake of superstorm sandy. why gasoline is almost worth its weight in gold in new jersey and new york this morning >>> good morning. thanks for joining us i'm kristen sze >> i'm eric thomas. aren't you glad it is friday? san francisco police want to talk to you if you have information about the brutal beating of a muni station agent last month stemming from an argument over a bike. amy hollyfield is live at the van ness station where the attack took place. >> reporter: the man who attacked the agent was caught
.8% in september. also the economy added 170,000 jobs last month. also, just four days before the election the candid the turtle in the swing state shuffle. but first president obama and republican candidate mitt romney are making nonstop appearances in eight different states. mary ellen hopkins has the story. >> president obama his case to voters in las vegas he echoed the slogan from his first campaign about ridding changed to america. >> right now we could be putting more folks back to work right now fixing more roads, bridges, expanding broadband true rural neighborhoods. making sure our schools are state of the art. let's put america is pared to work during the work that needs to be done. >> mitt romney hits back all the president's changed during a campaign stop in roanoke, virginia. >> there's no question in my mind that we have really cannot have four more years like the last four years. the obama folks are chanting for more years, four more years but our chant is five more days, five more days. >> mitt romney delivers what his campaign says is his closing arguments today during a
they show the economy is growing slowly, but consistently. according to the labor department, employers $171,000 jobs in october, but the unemployment rate rose from 7.9, to 7.9%, previously, it was 7.8 in september. more people started looking for work. labor secretary says the numbers show a rebound in consumer confidence. >>> today's jobs report was the last major snapshot of the economy before the election next tuesday. as expected, president obama and governor romney see the report differently. romney calls it stagnation. >> today, we learn that it's actually 7.9%, and that's 9 million jobs short of what he promised. unemployment is higher today than when barack obama took office. >> the republican presidential nominee also says voters will decide next tuesday between what he calls stagnation, and prosperity. >>> president obama is campaigning in in ohio. he says the jokes report shows a pattern -- jobs report shows a pattern of progress. >> our businesses have created nearly 5.5 million new jobs, and the companies hired more workers in october than any time in the last 8 month. >> the
but it showed that consumers are feeling better about the economy. >> is a big topic on the campaign trail. both candidates land in ohio today. governor romney visits seven states, including a rally in ohio tonight with 100 supporters, politicians, and celebrities. in virginia last night, a makeup before hurricane sandy, he argued that the resident is running out of steam. >> he was talking abut saving characters on "sesame street" and playing word games with my name and attacking me on a regular basis, a tax he knows are not true. >> president obama also visits the seven states between now and election day with a focus on ohio, is must-win state. he will be there every day between now and the election. >> al qaeda as been decimated, osama bin laden is dead. we have made real progress these past four years. >> how will it shakeout on tuesday? >> romney has a 50-50 chance to win the popular vote. it is harder to see him winning the electorial vote. >> a possible split verdict from a nation deeply divided, and anxious to end this very long campaign. >> baltimore city police are investigating a sho
. >> president of obamas camp is remaining, about the economy. republican presiden mitt romney stated that means declining take-home pay. americans are ready for change. >> a reminder that kron 4 will have extended live coverage on election night. you could also step up betted on our web site kron4.com along with our facebook and twitter pay eacpage. teachikitwith >> he suffered rib and hip contusions. there were six of vehicles involved including two police officers cars. >> the mother of the children said that she came home to find her 2 year-old son and six year-old daughter staff to death and the bathtub. the nanny was found nearby and vichy turn the blade or herself. the nanny is now on police watch a local po--chich processe chichpolice watch. >> thei i ifcc youu stated that there was no winner and this is the yea i c u stated tht last armstrong will have also returned the money that he won. >> the surface has a bigger screen at 10.6 in. and it is bigger than the ipad. the screen is great and microsoft uses a lot of technology to make this. this is a thinner and less reflective display. th
building switched over to rental units after the economy fell. >>> we've got a little bit of fog showing up along the coast. it was dense this morning and will be dense tomorrow. this doesn't mean social security -- this doesn't mean it's just going to be there. there could be delays because you have the combination of coastal fog and valley fog showing up. that's a tough one because it clogs up the work. tomorrow morning a lot like today be prepared for slow going. especially in the east bay. morning lows will be in the upper 40s. when i come back at 10:45 we're going straight to wednesday because it's the parade, a chance of rain and halloween, there's a chance of rain. i'll let you know when that all happens. >> jury selection in the case of a bayy principal under fire. >> i feel a tremendous weight has been lifted. >> how long her killer could spend in prison. >> and we're continuing to monitor super storm sandy. in 11 minutes the evacuation under way right now at a hospital in manhattan. this is hayden. that's elizabeth. and that's skyler... and his mom, nancy. they're just a few of t
sharply. hopeful signs about the u.s. economy including a jump in consumer confidence. fear is a look at the numbers that confidence in the economy increased to the highest level in nearly five years. they were encouraged by improving the job market. it was up and the nasdaq and the s&p was also up today. >> good news for its dark box the sales are perking up after a sluggish last quarter. the seattle-based company saying that existing stores sought a 6% as they expand in the 600 new stores in asia. and the first starbucks in india last month. the executives say that holiday sales will be up because of the new single cup whole brewing machines. >> the chileans are saying that this is a 2010 world championship chess against the giants-coming up details and the giants. and the rifles on sports, coming up, next sports rivals now, here is stanley roberts who found people behaving badly. >> this is thomas the hippo being loaded into the san francisco police pickup truck. this is what thomas used to look like three years ago now he looks like something from a concrete dufty. >> i do not kno
, the report also shows the economy added 171,000 jobs last month. >>pam: coming up sports with gary and his lovely wife and of course the cal bears, details coming up. with over 200 varieties, keurig makes brewing a delicious cup of coffee simple. how does it brew such great coffee? well... inside the brewer are these green fields of coffee, and if you travel up this mountain, there's this huge coffee grinder. and then the coffee lands in this cup and water rushes through. actually, i just press this button. brew what you love, simply. keurig. [ male announcer ] it's one thing... to have created an icon and quite another to have done it generation after generation. to the long line of legendary mercedes-benz sl roadsters... ♪ the 2013 sl. now, here is stanley roberts who found people behaving badly. >> that tons of dirt that was illegally dumped in west oakland may have to find a new home. more than 160 truckloads of dirt was shipped here to eight and a plane back in october the dirt cam from the union city whitening project. some people say that haiti is just a dirt what is the problem?
and new jersey. new estimate says sandy will cause $50 billion in damage to the economy. that makes it the second most expensive storm in u.s. history, after hurricane katrina. >> nearly half of new york city's death from superstorm sandy happened on staten island. homeland secretary janet napolitano is going there today, where people say they're suffering and not getting enough help. anna werner, good morning. >> reporter: good morning. as you stand on this street in staten island you can clearly see the path of destruction wrought by hurricane sandy. cars picked up and tossed like toys. that continues throughout the neighborho neighborhood. many residents say they feel ignored. some residents of staten island have started calling it the forgotten burrough. across storm-ravaged staten island, frustrations are mounting. >> we're going to die! we're going to freeze! we've got 90-year-old people. >> reporter: residents are outraged, claiming their community has been ignored in the days following sandy while aid pours in to other parts of new york and new jersey. >> they don't talk abo
snap shot of the economy before the election. so what does today's jobs report mean for the campaign? so, maybe you're trying to figure out question seven. well, let me give it a shot. if you're ok with marylanders spending five hundred and... fifty million a year gaming in other states, fair enough. but if you think we should keep that money here... add twelve thousand jobs, and generate millions for schools... well you should probably vote for question seven. because if it doesn't pass, all of this goes away. that's why the post called seven, common sense. but decide for yourself. >>> this morning's medical alert, they may be better for the environment but a study finds reusable bags may not be good for your health. more and more stores decided to bag plastic bags as more shoppers turn to reusable bags. several major cities have banned the plastic bags altogether. but doctors tested the bags and found the same type of bacterias that you would find in dirty underwear. here's an idea. wash them. designate bags. >> 10% of the bags had e-coli. 50% had forms and most all of the bags had
presidential nominee, romney, spent the day in iowa talking about the economy. there he told supporters that president barack obama has only quote made the problem worse. >> the president's campaign slogan is this, forward. but for 23 million americans trying to find a job these past four years feel more like backward. >>> for the democrats, joe biden hit the trail today while president barack obama spent the day in washington, d.c. >> it is always america is in decline. i got news for them. romney and ryan are -- america is not in decline you are in denial. >> biden at a rally in keep oshaa, wisconsin. the polls have the -- kenosha, wisconsin. the polls have barack obama ahead in wisconsin. >>> bay area community college is showing students how they will be effected if they fail to pass an ordinance. the classes highlighted in red will only be offered if proposition 30 passes next month. if it fails the district says it will have to cut about 100 classes at the classes in livermore including science, english, math and history coursees. >>> a 27-year-old man was shot and killed. he was
of a healthy economy. >>> that report combined with a boost last month in private sector jobs -- the dow industrial gained 136, nasdaq rose by 42, the s.m.p. had its best day in six weeks. shares in -- after hours training. profits for the social networking giant came in above forecast. the company also boosted its projected revenues. shares are up 7% from the market's close. facebook is testing some new timeline changes that could make it a little bit more organized. according to inside facebook, the new version will place all posts in a wider left side column and all activity updates, friends, and places and apps on the right side in a narrower column. right now, posts appear on both the left and the right, once the right side modules run out. >>> planners say that a new east bay complex has some unusual and eye-watching features. today was the grand-opening of the station near da' dak -- has the only u.s. installation of sculpture by the french artist louis debrai. the play pyramid is one of two in the world. >>> patience is imperative on the east coast in the aftermath of sandy we'll
actually have a plan to get this economy going top we're going to put it in place to help the american people. >> reporter: now before this storm romney had the lead over the president on questions of which candidate would be a stronger leader and which would be better in working with democrats and republicans. if he loses ground on either one of those questions that could be a real sign the storm hurt him. >> closer look at the candidates schedules between now and tuesday. president obama and republican challenger mitt romney will be visiting several battleground states. some more than once. only the president will visit nevada and florida. >> back in the bay area the murder of a business owner in oakland is prompting a promise from the police chief. the man known as mr. marcus was shot and killed last night at his cellular store on international boulevard. how neighbors are remembering a man known as a leader in the community. >> reporter: disbelief that someone killed a man who gave so much to a community that has so little. >> he was always giving the kids raider tickets. kids woul
up their minds, particularly, about the economy. katie marzullo, abc7 news. >>> developing news for one of the areas hardest hit by the superstorm. con ed officials, say they could have power restored to all of manhattan by today. more than 4.1 million are without power across a dozen states. the election is forcing new jersey to get creative in the wake of sandy. officials plan to use military trucks to service polling places on election day in communities that don't have power. recovery marked by progress and frustration. in new york, people are hoping the commute will be better than yesterday new carpool rule required drivers to have at least three people in their car. lines were enormous. the death toll has climbed to 90, including two staten island toddlers, swept away by flood waters. >>> gas one of the most valuable commodities in new york and new jersey people are waiting up to six hours. some arrested trying to cut in line. millions of gallons are available but can't be accessed without electricity. hopefully, new york's timeline is getting back today. >> some of those
voters. a sluggish economy has been a bone of contention. >> reporter: the president started his day in ohio with better-than-expected unemployment numbers. >> this morning we learned that companies hired more workers in october than at any time in the last eight months. >> reporter: employers added 171,000 new jobs in october, about 45,000 more than many analysts anticipated. the labor department says hiring over the summer was better than previously thought. despite the improvement, the president is still facing high unemployment. because more americans are trying to find work, it ticked up from 7.8 to 7.9%. that's the highest number an incumbent president has faced on election day since franklin roosevelt. mitt romney says he will do a better job if he is elected. the republican nominee is spending the last few days of the campaign making that case in the battleground states. romney is in wisconsin and ohio today trying to pick up the few remaining undecided voters. >> and we asked them and you to look beyond the speeches and the attacks and the ads, look to the record. >> reporte
over the economy. >> and unless we change course, we may well be looking at another recession. >> we have made real progress. but we are here today because we know we have more work to do. >> reporter: employers added 171,000 jobs in october. but with more americans looking for work, the unemployment rate moved up slightly from 7.8 to 7.9%. romney told voters in wisconsin, he can do better. >> this is not a time for america to settle. >> no. >> we're four days away from a fresh start. >> reporter: in ohio, president obama made the case he is moving the country forward. >> we know what change looks like. and what the governor's offering ain't it. >> reporter: ohio could decide who wins the white house. not only are the candidates spending a lot of time there in these closing days. they're bombarding voters with fresh tv ads. >> who will do more for the auto industry? >> reporter: mitt romney is airing a new commercial in ohio saying workers in china benefited from the auto bailout. at a rally outside columbus, the president fired back. >> you don't scare hard working americans just to
addressed a crowd of supporters. president obama has worked hard to improve the economy, healthcare and education. she reminded them quote, this is the president that took out osama bin laden. early voting began in nevada last week and one-fourth of the states voters have cast their ballots. >>> mitt romney campaigned today in iowa where he mocked president obama's campaign slogan. >> the president's campaign slogan is this. forward. but to 23 million americans struggling to find a good job these last four years feel a lot more like backward. >> romney said president obama's campaign quote, falls short of the magnitude of these times. if he is elected president he'll make policy changes that bring the economy, in his words, roaring back. find out how your political views align with the candidates. like ktvu channel 2 on facebook. >> friends and family of former senator george mcgovern gathered for his funeral. the 90-year-old died this past sunday. he served in the u.s. house and senate and ran as the democratic nominee against republican richard nixon in 1972. after leaving politic
speech say the economy son the right track and he needs four more years to keep the momentum going. >> right now we could be putting more folks back to work right now. fixing roads and bridges. expanding broad band to rural neighborhoods. making sure our schools are state of the art. let's put americans back to work doing the work that needs to be done. >> reporter: but mitt romney is trying to make the closing argument that is the recovery could be much better with him in the white house and he's ridiculing one of the president's recent suggestions to consolidate federal agencies that deal with this. >> we don't need a secretary of business to understand business, we need a president who understands business and i do. >> reporter: i'll have reaction to the jobs report during my next update. reporting live from washington, d.c. alison burns ktvu channel 2 news. >>> time now 5:shh 15. a poll shows a shift on how californias will vote on prop 34. the proposed repeal of the death penalty. a poll shows the sudden rise in support. 45% of likely voters saying they will vote yes. 38% sayi
. the labor department is reporting this morning the economy added 171,000 jobs last month. that is more than economists were predicting. the unemployment rate however picks up to 7.9% from 7.8% the month before. both presidential candidates will be putting their spin on the news coming up in the coming hours. arguing the recovery is not strong enough. president obama will likely tout the stronger than expected hiring numbers. it doesn't seem like these changes are significant enough at this point to be a game changer in the race. house speaker john tweeted mayb president obama can do. both capped dates will be cam -- candidates will be campaigning today in the make or break swing state of ohio. reporting live alison burns ktvu channel 2 news. >>> a new ktvu field poll shows a dramatic shift in how californians say they will vote on proposition 34. the proposed repeal of the state's death penalty. it shows a sudden rise in support for proposition 34. 45% of likely voters say they will vote yes. 38% say they will vote no. 17% of voters remain undecided on that proposition. now prop 34 would el
. that's not how people decide whether they think the economy is good or bad. they do it on whether uncle charlie has a job or whether their kid finally has enough money to move out of the house and get his own apartment, things like that. so coming this close, we've been saying this was going to be very, very important, but this race is so close, i'm not sure in the end that it really is going to make all that much difference. >> as i understand you are going to have two key panels on this weekend's show to kind of break down the presidential election, the razor tight presidential election. >> yep. yeah, we're going to have every analyst, every commentator east of the mississippi river be with us sunday, and i hope they have a better idea who is going to win this thing than i do, because i'm at the point, lesli that i have no idea. this thing has been close from the start, but it has gotten really, really close here at the end. you look at the polls in these battleground states. i would goes, and i'm just going to put it at no more underlying of saying that it's just a guess, that probab
of how the economy is doing. last month, the unemployment rate fell to 7.8%, the lowest level since president obama took office. friday's enemployment report would be the last one released before next tuesday's election. >>> 7:17. gas prices on the east coast may shoot up because of hurricane sandy if oil production is disrupted. >>> hundreds are jobs are being cut by paypal. the job cuts are coming from that stream lining fort. the company officials say paypal has developed a reputation as a bureaucratic workplace and they are adding that makes it harder to attract and retain the best software engineers and designers. >>> jury selection begins for a san jose elementary school principal accused of failing to report a case of suspected child abuse by a cheecher -- teacher. prosecutors say the prince -- prosecutors say the principal failed to report the teacher's behavior. children started to come forward. that mother alled police and chandler came came forward. the principal faces a misdemeanor charge. >>> a union city woman faces at least 25 years in prison after a jury convicted he
about on the campaign today. let's take a look at the numbers. the labor department reports the economy added 171,000 jobs last month even though the government is continuing to shed jobs. the unemployment ticks up to 7.9% as more try to enter the work force. both candidates are putting their spin on the last jobs report. mitt romney campaign just sent us this statement that says the jobs report is a sad remind tear the economy is at a virtual standstill. democrats are touting the stronger than expected houring neurals -- hiring numbers we'll hear from president obama in the next few minutes during his first campaign stop of the day in ohio. romney campaigns next hour in wisconsin and heads to ohio as well. reporting live from washington, d.c. alison burns ktvu channel 2 news. >>> it is 7:15. a new ktvu field poll shows a dramatic shift in how people in california say they will vote on proposition 34. the proposed repeal of the state death penalty. the poll shows a sudden surge in support for proposition 34 with 45% of likely voters saying they will vote yes and 38% saying they will vot
.s. economy with the consumer confidence. here is a look at the numbers. the confidence confidence in the economy surged in nearly five years. many were encouraged by encouraging job market that dow was up by a 136. in monastic in the s&p was also up today. >> watching today's winners and losers with rob black. we are talking about netflix. carl icahn, the activist, and he got some trouble and some bay area with he, who and clorox? >> he is usually correct. young who was offered $38 per share and this was the offer from microsoft and he jumped in. netflix could possibly be doomed. there are services like a from exports and other delivery mechanisms and makes the content very expensive. i do not think who is going to purchase amazon which i do not see who's going to purchase netflix but fundamentally it kind of stinks. >> you mentioned amazon have branched out with video delivery. and now they want us to already start christmas shopping? >> it feels a little bit too early. black friday starts at 3 freddie's early, for tomorrow. there are many electronic componentry on sale already b
. the gop challenger says obama's policies have held back on the economy's economic recovery. some political experts say few if any voters are undecided and they have shown throughout the year not to be susceptible to positive or negative monthly changes in the unemployment rate. reporting live in the newsroom, cate caugiran, cbs 5. >>> thank you. lawrence has left us. he is down in san jose with a little preview. >> he is playing the science guy. i don't think you're ever coming back, lawrence. >> reporter: no. this is a lot of fun. a lot of kids can come down here and make some really interesting neat stuff. it's all part of a neat science festival they have at the tech museum of innovation in san jose. if you want to check it out. they have all kinds of things. this is what they are going to be using to launch some of those planes right here in the lobby and around the tech museum. they have exhibits, imax, real scientists that you can come down and meet and ask them very important questions too. the silicon valley really the center of what has been major innovations that really changed t
travel to the important groun b ground states which is aide important speech on the economy. however, it was no big change for his team of the week. it is the candidate for big change. >> what this requires is a change change in the last four years. it requires the put aside the small, petty and demand the scale of change we deserve. we need real change, big change. >> he also returned to his line of attack that there's no second term agenda. the with the stimulus, but three years after, that is for a government but it will not stimulate the private sector any better than it did this stimulus for years ago. >> as it turns out, the site at this construction site has been receiving stimulants money it tracks the government spending and the government received a small business loans of over $1 million. this speech was the same as the government announcing that it was going to purchase 2% of this quarter this year beating estimates. but not as good as past predictions from tfrom the president obama- >> declining take-home pay that is what he has produced. >> with the polls show that his
battle ground state mitt romney promised to rejuvenate the american economy and vowed bipartisan leadership. >> meet with democrat and republican leaders in washington regularly. we're going to look for common ground. we'll put interest of the american people above the interest of the politicians. >> the republican presidential nominee pledged policy changes. and romney is out campaigning g.o.p. vice presidential nominee spent the day fund raising. >> money matters another set back for apple. it's stock dipped below $600 a share for the first time in three months today. closing at 6:05. down 100 points in a no because of lower earnings. apple says the new mini sold out for now. the dow industrials are down more than 200 points for the week. the nasdaq went up slightly. s and p lost a little ground today. one owned a television network? the new york post reports current tv founded by former vice president al gore put itself up for sale. >> there is more still to come tonight. just ahead abc 7 news i team. >> with a bizarre rant of a serial killer told the key to a disappearance of
has a 5-point plan for the economy. turns out that's 1-point plan. folks at the very top play by a different set of rules than you do did. >> after the event the president made an unexpected shop at the common man tavern in nearby merrimack and chatted with diners and when one woman offered to buy him a drink, he bought a round of brewed ale instead. >>> nightmare in new york city, the possibility motive of the alleged homicide of two kids at the hands of their nanny. >>> a cute, but dangerous cargo and what the man was trying to do with 15 tiger cubs. >>> coming up i will let you know if the warm weather lasts into your sunday and when we'll add rain chances to the long- range forecast. ve up to 15% on an ikea kitchen. our schools shouldn't be 47th in anything. when i see that our schools are 47th in spending per student, i just can't accept that. proposition 38 bypasses sacramento, and makes education a real priority- with the funding, to our local schools and the accountability from our local schools... that we'll need to improve student learning in every classroom. so we
that the october report is a sad reminder that the economy is still at a standstill. the president hasn't spoken out yet about the report, surely he can spin the fact that unemployment is still under 8%. one expert says voters will likely shrug that number off. it does mean president obama faces voters with the highest unemployment rate of any incumbent since roosevelt. the president is campaigning in the battleground state of ohio today he has three events planned there. mitt romney starts his campaign this morning in wisconsin and then he moss on to two rallies in ohio. the romney campaign is making a new play for pennsylvania. scheduling a lot of minute appearance this sunday aides say president obama has been unperforming in pennsylvania the president's camp calls it an act of desperation. some experts say almost all voters have made up their minds but it is tight in a lot of swing states. what do you think the jobs report means? go to facebook.com/abc7news and join that conversation. katie marzullo, abc7 news. >>> 6:36. traffic and weather together, next. here's a live look outside, golden
. >> again, that is 8:00 tonight. that is all for us at 5:00. >> it is the last major snapshot of the economy before the election. what does the report to mean for the presidential candidate? >> police say a woman was sexually assaulted at knife point this morning. surveillance cameras may help the case. >> among the slew of issues on the ballot is one that is the most misunderstood. an examination of the dream act, at 6:00. >> you are watching wbal tv 11. local, late breaking, this is 11 news at 6:00 p.m. >> was four days until the election, both campaigns are waiting the jobs report. that is our story tonight. it shows a slight uptick but job growth weaker than anticipated. >> according to the report, employers added 171,000 jobs last month. hiring was stronger than first thought but with more
the giant's world series win. . >>> stock markets rallying after encouraging reports on the economy. by one closely watched measure sentiment surged last month to the highest level in nearly five-years and its commerce department said builders were spending more on home construction in september. right now the dow is currently up 157, the nasdaq up 38, s and t up 14. also helping the market the labor department said first time jobless claims fell again last week. 363,000 people made their initial filings for unemployment insurance and that's down nine thousand from the week before. it's a level suggesting steady but modest job growth. the jobless report for all of october will be released tomorrow morning despite concerns of sandy delaying it. >> more this morning about that big east coast storm and how it's affecting new jersey. lines for gasoline very long. thousands still strands and the jersey shore may never be the same again. jennifer davis is there to show us more about the damage. >> reporter: hi. you know you can see some of the small improvements i think easier in the bigger area
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